Concepts Chapters 1-5



Electronic Components

  • Engine
  • Injection
  • Ignition
  • Transmission
  • ABS (Anti-lock brakes)
  • Steering
  • Stability
  • Sync - Voice activated software similar to GM's Onstar

Globalization

"Domesticated Content" - The quantity of inputs into a final product that were produced in a specific country prior to assembly.
Ford Mustang: 65% domestic product

Domestic vehicle - A vehicle where a minimum of 75% of the parts were produced in the given country.
Ford Mustang: not a domestic vehicle

Globalization -

PORTER VALUE CHAIN:

external image 800px-Porter_Value_Chain.png

SWOT Analysis
  • Strengths and Weaknesses
  • Opportunity and Threats
    • Loss of Demand
    • "Divest" To give up
    • Change your competitive strategy

Porter Value Chain's 3 Strategies
  • Cost
  • Differentiation - about competitors
  • Segmentation - Niche market - about products

Procurement --> B2B (Business to Business)
- electronic transactions
B2C (Business to Consumers) - Amazon
C2C (Consumer to Consumer) - eBay

Why IT?
  1. Speed
  2. Reliability
  3. Accuracy

Technology Development
  • Ex. Managing the engine and fuel

Human Resources
  • Ex. Oracle 24/7
    • Time stubs and payments are done electronically

Inbound/Outbound Logistics
  • Trucks/Planes/Train carrying supplies
  • IT - Planning and inventory
  • DSS - Decision Support System

Operations
  • Robots
  • Assembly line

Marketing and Sales
  • Mass customization

Service
  • Parts the company make that customers need

Infrastructure
  • Accounting, financing, etc.

Strategy:
  • Operate efficiently
  • New products/services
  • Customer relations/Supplier relation
    • B2B
    • CRM (Customer Relation Management)
      • Handle complaints, etc
  • Social Networks
  • Decision Support System (DSS)
    • Computer system designed to provide assistance in determining and evaluating alternative courses of action
    • New System called Business Intelligence
    • Dashboard
  • Survival

A commodity is a good for which there is demand, but which is supplied without quantitate differentiation across a market.

General System Theory
  • 1928 Bertalanffy
  • 1950's Cybernetics

external image gsystems.gif
Business Prcoesses (System Analysis)
  • Marketing & sales
  • Finance
  • Credit ------------|--> credit reporting institution
  • √ <-------|-----------------
  • Order verified | manufacturing
    • Parts - inbound logistics/outbound logistics - ship it
  • Down payment - Accountant
  • Commission - Human Resources

TAM by Davis, 1989
  • Usefulness and ease of use are two different factors that will affect a person’s decision to use a technology

Interactions in businesses that use technology:
  1. Synchronous
    • Live interactions
    • example: IM
    • Latency could create problem in this type of interaction
  2. Asynchronous
    • Opposite of synchronous
    • example: email

Media Richness Theory
  • The richest type of communication is face to face (F2F)
  • The least rich type of communication is any type of asynchronous communication

Structuration by Anthony Giddens (1984)
  • Unanticipated use of technology
  • Example: internet that is being used to steal copyrighted movies, music, etc.

Business Intelligence

  • ====EXEL====

  • ====Statistics/Visualization====

Executive Support Systems

  • ====Triangular====

  • ====End Users - knowledge workers that generate information====

  • ====Top: Global; Bottom: Granule - Aggregate====

  • ====Top: Strategic; Bottom: Operation====

Picture1.png

Enterprise Resource Planning (ERP)

  • ====Enterprise Systems====

  • ====The "everything" system====

http://www.soxlaw.com/

Supply Chain Management - Logistics!

Customer Relationship Management - Marketing and Sales

Knowledge Management Systems - the point is to move from a tacit to explicit

Wetware - brain

Intranet - within the organization web.

Extranet - within organization but giving access to partners.

Processes <----> IT

IT Department
  1. CIO
  2. CISO
  3. System Analyst
  4. Programmers
  5. System Admin
  6. Network Admin

Porter Strategy:
  1. Cost
  2. Differentiation
  3. Segmentation

ATT Strategy - Subscription Data Implement - become partners with Apple and Data
Apply IT

DRM - Video ID/Fingerprinting
(Digital Rights Management)
- Recognizing that the video content is yours
- Watermarking the video to show others it is yours

Channels of Distribution
- Broadcast
- Cable/Satellite [Converge]
- Internet
- Mobile
Strategy
- Cable uses "Segmentation" compared to Broadcast
Pirate - Download (P2P or Peer to Peer)
- Streaming (Buffering)
- Capture (Add-ons on browsers that allow the user to capture the video content)
Transaction Costs <----------- IT lowers these types of costs
- Search
- Time-shifting
- It takes time to shift into something new
- Space-shifting
- Need space as well
TiVo
- Allowed you to record, fast forward, rewind, and skip ads
(Random access) - Breaks the ads supported
Embargo - Hold out for a certain amount of time

Privacy issues with cookies.

You must accept cookies if you use internetThey track exactly what you are doing

Customer Profiling - gathering information

TOR and Anonymizer are used to be untraceable

Ethics - guides for moral behaviorideas of ethics:responsibilityACCOUNTABILITYliabilityprocess

Ethical Dilemmas-
  1. Collect Information
  2. Define Dilemma
  3. Stakeholders
  4. Develop Options
  5. Identify Impact of Steakholders
Avoid Binary thinking!!!

Utilitarian Analysis - have max utility in decision makingGolden Rule - do one to other as you would do for yourselfKant's Category Imperative - if it's not true for everyone then it's not true.Slippery Slope - may seem okay, but it is not if you do it too muchLeast Harm

FIP (1973) - Fair Information Practices
  • must give notice to consumers
  • Choice (opt in opt out)
  • Access
  • Secure
  • Enforcement
Unit of Impact---Individual-Organizational (Policy)-Politics (Policy)-Societal/Culture
Solutions Analysis- Information (TV - attention span)- Dilemma- Stakeholders (Society/ Children)- Options- Impacts

Concepts Chapters 6-10